A well-placed Morgan Stanley “Utopia” upgrade here, a ‘gigafactory’ promise there, sprinkle in a 37% short-interest and what do you have? Telsa is surging once again (up 17% today)… breaking above a $30 billion enterprise value – just 25% below that of GM, based on Bloomberg’s data.
Tesla is now 60% of Ford’s enterprise value and over 75% of GM’s…
Chart: Bloomberg
via Zero Hedge http://ift.tt/1huF9fl Tyler Durden